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Xinyi Energy Reports Downturn in H1 2024 Results
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Xinyi Energy Reports Downturn in H1 2024 Results

Xinyi Energy Holdings Limited (HK:3868) has released an update.

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Xinyi Energy Holdings Limited reported a decrease in revenue, profits, and earnings per share in its interim results for the first half of 2024 compared to the same period in 2023, with revenue falling by 5.4%, and profit attributable to equity holders dropping significantly by 30.4%. The basic earnings per share also saw a substantial decline of 36.1%, alongside a reduced interim dividend per share. These results reflect challenges faced by the company in a changing financial environment.

For further insights into HK:3868 stock, check out TipRanks’ Stock Analysis page.

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